The company is readying the results for regulatory submissions by the fourth quarter in the United States and the first quarter of next year in the European Union.

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LixiLan consists of a single-injection combination of Lyxumia, a drug developed with Danish drugmaker Zealand Pharma, and Sanofi's Lantus.

"Full results will be communicated in a future scientific forum," the French drugmaker said in a statement.

"The LixiLan-L Phase III clinical trial met its primary endpoint in patients with type 2 diabetes treated with insulin glargine with or without metformin. The fixed-ratio combination of insulin glargine 100 Units/mL and lixisenatide, a GLP-1 receptor agonist, demonstrated statistically superior reduction in HbA1c (average blood glucose over the previous three months) compared with insulin glargine 100 Units/mL," it said.

In July, Sanofi said a first late-stage Phase III study of LixiLan had shown good results.

Globally, around 400 million people suffer from diabetes, with type 2 accounting for more than 90 percent of cases. Without proper treatment or lifestyle changes, those numbers are expected to grow substantially in the coming years.

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